Tax Specialist

SUMMARY:
Tax Specialist

POSITION INFO:

My client in Umhlanga is currently looking for a Tax Specialist based at Head Office. This position reports to the Finance Director.

The successful incumbent will be responsible for all tax matters in the group, both in the form of computations, preparation and submission of direct and indirect tax returns and strategic planning to achieve tax efficiencies and savings

Key performance areas

• Ensure that the company is fully compliant with all tax laws and regulations across all entities of the organisation.

• Be fully conversant with existing tax legislation and proposed changes or new taxes that may affect the company

• Proactively seek opportunities to achieve tax savings and improve profitability without increasing tax risk or compromising the reputation of the company

• Prepares tax computation and tax accounting for all companies within the organisation

• Assumes responsibility for tax reporting, direct and indirect tax compliance

• Prepares computations for income tax, corporate tax returns and supporting schedules

• Prepares and submits various direct and indirect tax returns for all companies within the organisation on the due date

• Attends to subsequent SARS queries, reviews and audits

• Maintains transfer pricing documentation

• Analyses cross border tax compliance to identify and mitigate risk

• Regularly monitors systems and internal controls impacting on tax-related issues to ensure compliance with tax legislation

• Conducts regular compliance reviews on a rotational basis (Income tax, VAT, PAYE, Customs & Excise etc.) and recommends and implements changes where necessary

• Build a relationship with SARS, taking effective action on enquiry points

• Ensures accurate and efficient consolidation of organisation tax numbers for ABF interim and year end reporting

• Prepares VAT cash flow, deferred taxation and current taxation computations for profit estimates, budgets and strategic plans, analyse variances between budget/forecasts and actual results and provide commentary thereon.

• Reconciles current and deferred tax on a monthly basis

• Researches and recommends appropriate accounting treatment for various tax incentives

• Prepares and manages tax accrual reviews by auditors and their queries

• Reviews new tax legislation and reporting standards and assists with the implications thereof within the businesses

• Compiles tax disclosures and prepares supporting workings for statutory reporting

• Recognises tax risk and opportunities and brings to the attention of the Finance Director

• Provide/facilitate training in operations to ensure a satisfactory level of knowledge and competence by staff who are responsible for tax-related matters.

• Advises and educates key stakeholders within the businesses across all companies on effective methods in implementing commercial projects and plans

• Contribute to assessing and responding to initiatives which may affect the tax profile of the organisation

• Report to Audit Committee and Group Tax on tax issues that may place the organisation at risk resulting in penalties and interest.

Minimum specifications / requirement areas

• A qualified CA (SA) with post-graduate tax qualification or B.Com with post-graduate tax qualification

• 5 years’ experience in accounting and tax experience 

• Comprehensive knowledge of South African tax matters including withholding taxes and double tax treaties

• Knowledge and experience of tax accounting and reporting at a consolidated level

• Sound business and commercial skills with good judgement and decision making abilities

• Highly developed communication and presentation skills with excellent reporting writing skills

• Above average proficiency on the Microsoft office suite

• Self-Starter with the ability to work with minimum supervision

• Excellent organisational skills and deadline driven
• Analytical and detail-orientated with continuous improvement mind-set

• Proactive and self-motivated individual who is able to work collaboratively with various teams and business partners
• Innovative, intuitive with ability to anticipate, interpret and interpret complex issues impacting on functional area
• Must be prepared to travel to all organisations operations
• Foster and cultivate business opportunities and partnerships
• Excellent accounting and reporting skills
• Strong verbal / analytical reasoning ability
• Excellent interpersonal skills, internal and external
• Ability to prioritise, manage complexity and deal with multiple stakeholders.

NB! This job is now closed. You can apply for other jobs by uploading your CV.